FIRST TRUST NASDAQ-100 EX-TE (QQXT) Stock Technical Analysis
NASDAQ:QQXT - Nasdaq - US33733E4017 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to QQXT. QQXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month QQXT has a been trading in the 83.08 - 94.86 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, QQXT outperforms 65% of them, which is more or less in line with the market.
QQXT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
QQXT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 92.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.01, a Stop Loss order could be placed below this zone.
More info and screens
83.50
100.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 90.45 to 92.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 84.34 to 87.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 92.93 to 93.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 97.43 to 99.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.61
Mansfield0.22
10 Day High92.45
10 Day Low87.42
20 Day High94.86
20 Day Low83.08
52 Week High99.33
52 Week Low83.08
Performance
1 Week2.21%
2 Weeks4.12%
1 Month-3.15%
3 Month-4.39%
6 Month-1.56%
12 Month6.03%
2 Year12.23%
3 Year20.83%
5 Year65.38%
10 Year120.95%
15 Year368.53%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.49
RSI(14)51.95
LBB85.28
UBB93.96
92.16
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week2.21%
2 Weeks4.12%
1 Month-3.15%
3 Month-4.39%
6 Month-1.56%
12 Month6.03%
2 Year12.23%
3 Year20.83%
5 Year65.38%
10 Year120.95%
15 Year368.53%
Volatility
ATR(14)2.69
ATR(20)%2.74%
ATR Inc-65.18%
Range Today0.86
ADR(20)2.07
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.61
Mansfield0.22
10 Day High92.45
10 Day Low87.42
20 Day High94.86
20 Day Low83.08
52 Week High99.33
52 Week Low83.08
CS1 End92.01
CR1 Start92.93
Volume & EV
DER(3)1.91%
DER(5)1.28%
Volume69.90K
Volume Incr-90.01%
Vol(5)67.56K
Vol(50)278.73K